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Market Live Updates: Indices erase early losses, Sensex rises almost 300 factors, Nifty above 16,650-mark led by banks and financials

Share/Stock Market Live Updates: The frontline fairness indices on BSE and National Stock Exchange (NSE) erased their early losses and turned constructive within the morning offers on Friday, rising round 0.5 per cent aided by banking and monetary shares amid weak point within the international markets.

At 10:01 am, the S&P BSE Sensex was buying and selling 287.19 factors (0.52 per cent) greater at 55,751.58 whereas the Nifty 50 was up 74.90 factors (0.45 per cent) at 16,669.80. Both the indices had opened over 0.5 per cent decrease earlier and slipped 0.75 per cent within the opening commerce earlier than bouncing again.

On the Sensex pack, Sun Pharma, Axis Bank, Bajaj Finserv, Bajaj Finance, Kotak Bank, HDFC Bank, IndusInd Bank, tata Steel and ICICI Bank had been the highest gainers within the morning commerce whereas, Maruti, Nestle and HUL had been the laggards.

(with inputs from companies)

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